RE:RE:Don't play with fire. PoorOpinion: Your opinion on their ability to provide guidance is IMO dead wrong or should I say "poor"?
Xenemetrix (Doron) has been in the Spectrometer business longer than he probably cares to remember. The new models must have been developed based on KNOWN demand which means there must be a defined payback period for the money spent on R&D. Ergo, they are in a position to provide guidance.
Similar situation with XwinSys. While a new technology, according to EUO it was developed in close cooperation with major industry players which can only mean that it was developed for an existing market and thus sales / R&D payback is quantifiable and should be provided to shareholders in form of guidance.
All of this is obviously based on the assumption that the BOD sanctioned these for EUO mammoth R&D expenses based on a well thought out business plans and not just based on someone’s gut feeling. If no such plan exists or if management is not held responsible for missing goals, the BOD is in breach of its fiduciary duty to shareholders and may have to be reminded of their responsibilities.
That said, EUO is undoubtedly in a position to provide MEANINGFUL guidance but doesn’t do it simply because by providing guidance, they would enable shareholders to actually measure success or failure.
Much easier to use famous terms like “soon” and pickle NR’s with nonsense like “Billion Dollar Market” while collecting salaries regardless of success or failure.